Stocks Lose Ground
As Economic Data
Cast More Gloom

Stocks retreated Tuesday after new data showed Americans are less optimistic about the health of the economy than a month earlier, raising concerns about consumer spending.

The Dow Jones Industrial Average closed down 160.32, or 1.5%, at 10222.03 after losing 40.82 the previous session. The Nasdaq Composite Index declined 47.43, or 2.5%, to end at 1864.98 after edging down 4.39 on Monday.